Elon Musk’s Xai Close To Raising $6B
Elon Musk’s artificial intelligence (AI) startup xAI is reportedly close to raising $6 billion from investors. The funding round would value xAI at $18 billion, Bloomberg reported Friday (April 26). Silicon Valley venture capital (VC) firm Sequoia Capital has committed to investing in the startup, according to the Financial Times (FT), which reported the same […]
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Bigz Cef: Risk Appetite Still Missing For Venture Capital (nyse:bigz)
A while ago, I wrote a cautious article on the BlackRock Innovation & Growth Term Trust (NYSE:BIGZ). At the time, we were in the midst of the 2022 equity bear market and risk appetites were being pulled back, so I did not think it was the best time to invest in the BIGZ fund given its risky venture capital-like portfolio. In hindsight, November 2022 was near the lows of the equity bear market, markets have since rebounded to all-time highs. What about the performance of the BIGZ fund?
Tullman And Fitz-gerald Talk Tech: Capitalize On Tech Sector's Pullbacks | Seeking Alpha
Larson - Hello and welcome to our latest MoneyShow MoneyMasters Podcast segment. I'm Mike Larson, Editor-in-Chief at MoneyShow. And today we're doubling up with a pair of private and public market investing experts in the technology sector. They're Howard Tullman, general managing partner at G2T3V, and Keith Fitz-Gerald, principal at the Fitz-Gerald Group. Gentlemen, welcome to the podcast. Larson - I'll tell you, we had a great discussion going before we even came on camera here. And I guess that's where I'm going to kick it off.
Chinese Cornerstone Investors Are New Pillars Of Hong Kong Ipos And It’s Not All Good News | South China Morning Post
Chinese local government entities have carried the mantle of cornerstone investors in first-time stock offerings in Hong Kong in the past two years as foreign investors shun deals. Their outsize role could work against the city’s capital market, market experts say.
4 Lessons For Entrepreneurs In The New World Of Celebrity Vcs
The number of celebrity VCs or VCs with a celebrity pedigree seem to be growing by the day. Get on the bandwagon. But do not lose control to them.
Xaira, Anthos, Curevac & More—chutes & Ladders
Chutes & Ladders—Ex-Stanford president will lead new billion-dollar biotech
gmasson
Thu, 04/25/2024 - 14:04.:
Welcome to this week's Chutes & Ladders, our roundup of hirings, firings and retirings throughout the industry. Please send the good word—or the bad—from your shop to Max Bayer or Gabrielle Masson, and we will feature it here at the end of each week. Last year was a difficult one for ex-Stanford president Marc Tessier-Lavigne, Ph.D. An investigation into his prior research from the campus’s student newspaper ultimately led to his resignation. But the once-chief scientific officer of Genentech is now back in biotech.
Norwest Venture Partners: Norwest Raises $3B Global Fund - The Economic Times
The early-to-mid-stage investor that has backed 700 companies globally focuses on three major markets - USA, Israel and India. It has $15.5 billion of assets under management.
Pinkdx Launches With $40M Series A Funding
DALY CITY, CA, PinkDx, an early-stage company focused on positively impacting the health of women throughout their life journey, today launched with $40 million in Series A financing.
Augment Raises $227M In Series B
PALO ALTO, CA, AI coding assistance startup Augment, emerged from stealth and its $227 million Series B round.
Scholars Explain The Ideology That Says Technology Is The Answer To Every Problem
Silicon Valley venture capitalist Marc Andreessen penned a 5,000-word manifesto in 2023 that gave a full-throated call for unrestricted technological progress to boost markets, broaden energy production, improve education and strengthen liberal democracy.